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Archive for July, 2009

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Jul 30 2009

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PhillyDeals: Insurer ventures back into a high-risk pool
Philadelphia Inquirer
Just two years after bad low-down-payment home loans provoked the credit crisis that melted the economy, a Radnor company backed by …

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Jul 30 2009

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PennyMac, run by ex-Countrywide execs, prices IPO
Reuters
NEW YORK (Reuters) – PennyMac Mortgage Investment Trust (PMT.N), which buys distressed home loans and is run by several former Countrywide Financial Corp …
Ex-Countrywide president launches troubled-mortgage fundLos Angeles Times
PennyMac falls short of IPO fundraising goalLos Angeles Times

all 36 news articles »

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Jul 29 2009

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Unemployment spreads distress in US home loans
Washington Post
But the source of the mortgage trouble has swung from lax lending standards to unemployment. Some of the areas with the most severe foreclosure activity …
Foreclosure cases increasing, reaching courts in St. Lucie CountyTCPalm
Las Vegas, Fort Myers, Florida Lead US Cities in ForeclosuresBloomberg

all 34 news articles »

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Jul 29 2009

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New Federal Housing Administration loan assistance
The Associated Press
The FHA, which backs about 5 million loans, is a government-run mortgage insurance program. It became the main source of home loans to borrowers with poor …
Guidelines Aim to Help Struggling BorrowersWall Street Journal

all 79 news articles »

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Jul 29 2009

Posted by admin in Uncategorized

Unemployment spreads distress in US home loans
Reuters
But the source of the mortgage trouble has swung from lax lending standards to unemployment. Some of the areas with the most severe foreclosure activity …
Foreclosure cases increasing, reaching courts in St. Lucie CountyTCPalm
Las Vegas, Fort Myers, Florida Lead US Cities in ForeclosuresBloomberg

all 49 news articles »

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Jul 29 2009

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Commercial real estate has debt gantlet to run
Brandon News and Tribune
Credit is tight, property value continues to fall, and lenders might be unwilling to refinance projects. Owners also are dealing with tenants who are having …
Banks Kick Commercial Real Estate Loans Down RoadForex Hound

all 61 news articles »

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